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Glossary P
PLLC - Professional Limited Liability Company
A PLLC is a limited liability in which all members are professionals in a specific profession (CPA, chiropractor, attorney, for example). A PLLC is set up in a state and governed by the rules of that state.
Passive Loss - Passive Activity Loss
Describes a passive loss (loss from passive business activity)
Passive Activity
Definition of a passive activity.
Public Domain
Public Domain
Proprietor - Proprietary - Proprietorship
Proprietor, proprietary
Payroll
Payroll definition
Pass-through Taxes
Pass-through taxes
Patent
patent
Partnership
partnership
Partnership Agreement
Partnership Agreement
Partnership - Types of Partnerships
Partnership - Limited Liability Partnership - Limited Partnership - General Partnership
Pay Period
Pay Period
Payroll Taxes
Payroll Taxes
Per Diem
Definition of Per Diem
Per Diem - Per Diem Rates
Per Diem Definition and Per Diem Rates
Personal Guarantee
Personal Guarantee
Personal Property
Personal Property
Petitioner - Bankruptcy Petitioner
Petitioner
Petty Cash
Petty cash defined and some petty cash management details described
Piercing the Corporate Veil
Piercing the Corporate Veil
What is a Plaintiff?
Definition of a plaintiff
Portable Employer of Record
Portable employer of record
Preferred Stock/Preferred Shares
Preferred stock - preferred shares in a corporation
Prime Rate
prime rate
P&L - Profit and Loss Statement - Income Statement
P&L definition
Pro Forma
Pro Forma
Proxy Statement - Voting by Proxy
Proxy statement and voting by proxy
Professional Corporation
Definition of a professional corporation
Principal (of a Loan)
Principal on a loan
Private Company
Private Company
Profit
Profit
Promissory Note
Promissory Note
Publicly Held Company
What is a publicly held company?
Purchase Order
Defines a purchase order and describes the parts of this order.
Par Value
Par Value